EUR/USD Weekly Forecast: 17–24 October 2026
EUR/USD has a bearish weekly bias, although bullish H4 momentum and mixed D1 closes leave room for consolidation before the next larger directional test.
Current outlook · 24–31 Oct 2026
EUR/USD has a bearish weekly bias as D1 and H4 structure point lower, although mixed D1 momentum and close sequencing leave room for consolidation before either weekly boundary is tested.
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EUR/USD has a bearish weekly bias, although bullish H4 momentum and mixed D1 closes leave room for consolidation before the next larger directional test.
EUR/USD has a bearish weekly bias as D1 structure and negative momentum align, while bearish H4 conditions reinforce pressure but mixed D1 closes and expanding volatility preserve two-sided risk.
EUR/USD trades under negative momentum near daily support at 1.12142 with an oversold RSI of 18.07, while scheduled US data could influence price behavior below resistance at 1.17103.
EUR/USD remains under pressure near support at 1.13524, with oversold RSI readings suggesting potential for near-term stabilization.